Grand City Properties
Grand City Properties, a leading name in the real estate services industry, is headquartered in Luxembourg (LU) and operates extensively across Europe. Founded in 2013, the company has rapidly established itself as a key player in property management and development, focusing on residential and commercial real estate.
With a commitment to enhancing urban living, Grand City Properties offers a diverse portfolio of services, including property acquisition, renovation, and management. Their unique approach combines innovative design with sustainable practices, setting them apart in a competitive market.
Recognised for their significant contributions to urban development, Grand City Properties has achieved notable milestones, including a substantial increase in their property portfolio and a strong market presence. Their dedication to quality and customer satisfaction continues to drive their success in the real estate sector.
-2 vs industry average
Grand City Properties’s score of 26 is lower than 44% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Grand City Properties's reported carbon emissions
Grand City Properties, headquartered in Luxembourg (LU) and operating in real estate services (70), has reported a total of approximately 130.77 million kg CO2e in emissions for 2024. This figure encompasses Scope 1, 2, and 3 emissions. In 2023, the company reported total emissions of approximately 128.46 million kg CO2e, including Scope 1 and Scope 2 emissions. Scope 3 emissions data was not disclosed for this year. For 2022, Grand City Properties reported Scope 1 emissions of approximately 10.79 million kg CO2e and Scope 2 emissions (location-based) of approximately 23.04 million kg CO2e. Looking further back, in 2021, total emissions stood at approximately 170.79 million kg CO2e, comprising Scope 1 (around 11.80 million kg CO2e), Scope 2 (approximately 17.69 million kg CO2e), and Scope 3 (about 141.30 million kg CO2e). In 2020, total emissions were approximately 93.22 million kg CO2e, with Scope 1 at about 6.77 million kg CO2e, Scope 2 at around 8.45 million kg CO2e, and Scope 3 at approximately 78.01 million kg CO2e. Grand City Properties has set a near-term reduction target to achieve a 40% reduction in CO2 emissions by 2030, using 2019 as the baseline. The company's emissions data is cascaded from Grand City Properties S.A., and for CDP disclosures, it inherits data from Aroundtown SA.
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Grand City Properties’s Climate Goals (2030 & 2050)
1 goal2030
40% reduction in all scopes
Reduction of 40% in CO2 emissions by 2030 from the 2019 baseline.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
Inherited from Aroundtown SAThe Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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